AXA Private Equity, the private equity arm of French insurer AXA Group, has opened an office in Switzerland to tap growing demand from investors there for the asset class and to expand its European network.
The firm, which earlier this year raised a â¬1.6bn ($2.5bn) buyout fund and passed $22bn (â¬14bn) in assets under management, said the Zurich office will be led Martin Kessi, who joins from venture capital firm NanoDimension.